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The Banque de France

The Banque de France is an independent institution governed by French and European law, and a member of the Eurosystem, which is the federal system comprising the European Central Bank and the national central banks of the euro area.

Economics

The Banque de France provides economic expertise in the form of research, forecasts and contributions to international financial bodies. Through these activities, it helps to establish a complete diagnosis of the economy, which is necessary for the conduct of monetary policy.

Banknotes

The Banque de France carries out a broad range of cash-related activities: it issues banknotes, monitors recirculated banknotes and puts coins into circulation. It is also steering the modernisation of the cash cycle, in conjunction with its clients.

Conferences and media

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Economics

Macroeconomic projections France

In order to contribute to the national and European economic debate, the Banque de France periodically publishes macroeconomic forecasts for France, constructed as part of the Eurosystem projection exercise and covering the current and two forthcoming years. Each publication comprises a summary of the projections. Some also include an in-depth analysis of the results, along with focus articles on topics of interest.

Economic projections – December 2015

Economic projections – June 2015

Business surveys

Monthly surveys on retail trade and on the manufacturing, services and construction sectors - published at the start of each month - are based on responses from some 10,000 business leaders. They provide an assessment of economic conditions in the month preceding the publication, together with a GDP growth forecast for the quarter.